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Search Results 0 to 34 of about 35 (some duplicates have been removed)
of extending the debt ceiling three months, until april and clean, except for the fact they want to link it to the idea that both the house and the senate pass a budgetnd and if they don't they lose their pay? >> i think -- we don't think short-term is smart for the economy, 2-3 months still has uncertainty and we are very pleased to see the republicans in the house drop their previous position, which was, you know, they were only going to pay the bills, essentially, they racked up if that he got what they wanted from the deep spending cuts in medicare and other programs. so that is progress but what we need to do is, washington needs to start contributing certainty and help to the economy and if you talk to anybody in the country -- >> you will not veto a three-month extension, are you? >> again, i think that there is long term debt and short-term debt. i think we have made progress on the budget and cut spending, in 2011, the budget was cut over a trillion dollars and signed a -- >> you were forced into that by republicans. >> no, we weren't and we were sitting around the table with th
stay with us. ♪ ♪ gerri: republicans go for a short-term increase in the debt ceiling, but how can we tackle ♪ gerri: retreating or regrouping? house republicans putting to a vote raising the debt ceiling for three months, but are they backing off of their demands for spending cuts in exchange for raising the debt limit? with more on this, grover norquist, president for americans for tax reform. great to have you here. other republicans doing the right thing? >> i think so. there are three tools the republicans have to force obama to focus on spending, which she does not want to do it and will do unless forced. first is the sequester which starts march 1st or 2nd. that is a hundred billion dollars per year. that is the real cut in spending that will happen. the other one is the continuing resolution which starts march 4/7. we have a continuing resolution. they are the republicans that can put obama on a very short leash and only give him a continuing resolution for a week for two or three. cut the spending each time. those are two very powerful mechanisms. gerri: you don't in additi
now they're talking about perhaps an increase in the debt ceiling that lasts for a couple of months, that is offering that to the president. frankly, and russ say agree with me here, i don't think markets would react to -- very approvingly to basically just another lurch from crisis to crisis. it wasn't too long ago that, maria, you and i were sitting in these chairs talking about the fiscal cliff. now the debt ceiling. do you want to have this discussion two months from now? >> i believe everybody believes this debt ceiling will be extended. you know these guys well. you worked right there with vice president biden. let me get your take on this. if we keep fighting about spending cuts and reining in the spending, how come it's always about putting the gloves on and fighting? we're not going to do this, we're not going to do that. how come we haven't seen any proposals for spending cuts? are we going to see that, you think? >> i do think so. i mean, i think that we have to go through this unfortunately, at least recent history suggests we have to go through this crisis mentality to
ceiling by a few months but still has major budget cuts to deal with this spring. do you see his relationship with republicans improving at all as they try to fix this crisis? >> it is going to be a real confrontation, the republicans did blink. that's exactly right, bianna and said they don't want this over the debt limit that was supposed to hit in february and extend it, as he said, probably until april. the president will sign that which gives them a space to try to come up again with some kind of big budget deal before those across the board budget cuts hit in march and the government is set to shut down at the end of march. there is no question that these big fiscal issues, taxes and spending will define the first quarter of the president's second term. >> george, talk about this term, the second term curse. we -- reagan had iran-contra, nixon had watergate. clinton had monica lewinsky. why is it that they tend to go sour. >> lyndon jonls had to resign before he ran because of vietnam. ever since roosevelt and the amendment that limited his terms, presidents tend to run out
that conversation in the context of the three-month debt ceiling deals. if we are going talk entitlements, is there room to push on the entitlements and suggest a larger social safety net, things like providing opportunities for poor children beginning to close the wealth gap is a priority. >> raise the health care law. i think it's very important to remember that law isn't fully operational, yet. there is -- yes, exactly. there's an enormous amount of work to do. there's a lot of resistance in the states. that's going to be a struggle. >> one piece of that is in 1997 we did a balanced budget deal. one thing that happened when that period of republicans and democrats came together was step back and as part of consolidating the budget, they shift resources. that was the deal. it was a deficit reduction deal. one thing it created was a children's health program. it's functioning today. it isn't the case of periods of deficit consolidation. it's not just cutting and grinding these things out. how to run a smarter government and run things into resources we need. they have to be willing to do
back the debt ceiling for about three months, i believe. i was wondering if there was any chance for congress and the president to foster more bipartisanship during the second term? >> i think that will be a major theme of his speech tomorrow. i think he will be speaking out, once again, across the aisle to call for the reaching of common ground on these major issues, like the debt ceiling, the budget, gun-control, immigration, tax reform, those kinds of things. i think it is true that we have a divided government now. it has been a difficult four years, but president obama is a natural conciliate her -- conciliation person, and he will make that a big theme of his second term. i think you will hear some of that tomorrow. >> this is from this morning's "washington post." you can draw an analogy to two former president, franklin roosevelt and dwight eisenhower, finding parallels to what fdr delivered in his second address in 1937, and what eisenhower faced in 1957. >> the roosevelt second inaugural address is interesting to read because it really is of a peace with first inaugural
and now this. and i think they are losing ground on fiscal issues. on the debt ceiling, it made no sense to risk the full faith and credit of the united states for whatever agenda you have. the business community felt that. the public felt that. and so the fact that they have backed off both -- not only the idea that we should hold debt ceiling hostage, but second that it shouldn't be one for one cuts, you know, boehner used to say that, the house proposal doesn't say that, dollar in cutting for every dollar in raising the debt ceiling. >> would you support a short-term measure to force you to pass a budget? >> i think it should be longer because we don't want to play fiscal cliff every three months. but it's a positive step. >> you never get a clean debt ceiling raise. >> yes, you should. >> that's not a question of whether you should. but historically it's not been the case. >> mitch mcconnell proposed it two years ago and we passed it. but let me say this on the budget. we democrats have always intended to do a budget this year. for two reasons. first, it is not true that we haven't h
on the debt ceiling increase? are you going to be-- does that help? >> well, it's helpful that they have now dropped their demand, that the only way they're going to pay the country's billes, they themselves racked up, would be to extract some concessions. we've got to never again have this threat to the global economy and our economy because congress may not pay its bills. now, three months is no way to run an economy or railroad or anything else so that's not ideal. so i think it's a significant moment that the republican party now has moved off their position that the only way they're going to pay their bills is if they ge the correct kind of concessions. now, where does that leave us? i think we would be better served to go back to regular order in congress so we're notica reaping crisis to crisis; congress ought to work together and come up with a long-term fiscal plan >> but you see this as a good sign? >> i think they're no longer saying the only way we pay our bills is to have huge cuts in things like medicare. that's positive. listen you see our economy-- good housing numbers this p
through an economic crisis and here we have another one brewing regarding the debt ceiling. let's get rid of it. i'm all for smaller government, but this economy rig now, guys, still remains fragile and you can't have the american consumer having to worry about going through all the rigamarole in washington all over agn, and that hits consumer reading and we don't need that right now. i'm all for smaller government, but let's get rid testi of it and be done with it. >> brenda: the fear is that we might get our credit rating downgded and that's part of the debate and worry about the debt ceiling. >> that's ultimately worse than raising the debt ceiling is having default or crisis. the government gets their debt rating lowered again to the point they can't get lower rates, that means the mortgages rates and housing is coming back. it would be great to control the debt with the debt ceiling. as you see through history, examples given it doesn't work at all. it becomes a political football, the other party not it in power, decides it's an of important thing. and president obama used to hate t
ceiling crisis for about three months, i believe. i was wondering if there would be a chance for congress and the president to be able to foster more bipartisanship during the second term than the first. guest: i think that's going to be a major theme of his speech. i think he will reach out, once again across the aisle to call for the reaching of common ground on some of these major issues like the debt ceiling, the budget, gun control, immigration, tax reform, those kinds of things. so i think that it is true that we are -- we have a divided government now. it has been a difficult four years but i think president obama is a natural. i think he will make that a big theme of his second term. i think you will hear some of that tomorrow. host: this is from this morning's "the washington post" who writes a new term, a new obama. he points out and draws an aanalogy to f.d.r. and eisenhower. guest: the roosevelt second inaugural address is interesting to read. it really is at peace with the first inaugural address. this is a president saying i came in with a huge crisis, we're on the right pat
a debt ceiling crisis. someone is going to have to come up with some way from stopping these people from being drama kings and drama queens. >> drama's out. >> is that your headline? >> mine is basically with a call for unity, obama presses assertive domestic agenda. i don't expect him to tick off the details, for example, of gun regulation. he already did that last week, but i think he is going to use the bully pulpit here for the idea that he can really lead us to more action on the domestic front in congress. >> and one other point. the facetious headline i came up with him being born in the united states. we need to get past all this. it's time to stop this because it's counterproductive and it's causing a paralysis. >> and i would briefly say it's not that we need to get past it, we have to call out who is responsible for t.only one group that's still trading in birtherism, it's a one-sided problem. >> i'd like, to if we could, pull up your headline again. i don't know if we can do that. >> yes, sir. >> a question not so much about the headline. >> talk to me. >> can we pull it up t
about that. we have the debt ceiling vote, whether it's coming at the end of february or three months later, that's looming. it's a major issue. it's nonoptional. and as david said, something like universal background checks, "washington post" poll showed 89% republicans support for. it won't translate into that level of support in congress. >> we're talking about domestic issues. clearly the president wants that to be his focus. he'd like to have a more robust recovery than the first term. again, we're often surprised. events overseas can capture the attention. the president wants to look to asia and china, but he's got a middle east in north africa that is unpredictable if not worse. how much, david, do you see the world intervening in the second term? >> a lot. and historically, it's intervened more and more partly because presidents have also sort of invited that. >> yes. >> as domestic power has wound down, they've turned to the international side. but here suddenly north africa seems explosive. and i don't think the president, as much as he wants to pivot, i just don't think he
: but there are still deep divides, including an upcoming deadline over the debt ceiling which is the nation's borrowing limit. this week's top republicans offered a new plan that would increase the limit for three months and require congress to pass the budget within that time frame or else no pay. >> so we're saying is, we will extend the debt limit until the timeline where you have a budget, a road map. >> reporter: republicans are hoping that strategy will ultimately lead democrats to agree to deep spending cuts. officials close to the president say mr. obama is open to more cuts but insists he won't slash entitlements like medicare. >> ultimately we've got to do it in a balanced way. he's not going to do this on the backs of the poorest americans. >> reporter: the looming fiscal fight could overshadow some of the president's larger policy goals, like promoting gun safety in the wake of the newtown tragedy. this past week president obama unveiled a package of new proposals aimed at curbing gun violence. >> congress should impose a ban on military-style assault weapons. >> reporter: but its resistanc
. >> katherine reporting for us tonight. the drama in waington on a different issue. the nation's debt. we hit the ceiling and the government is using accounting tricks to pay the bills and top republican leaderships say they may vote in favor of a three month extension without requirements to cut government spending that. is according to eric cantor who said the vote could happen next week. it would mark a hudge about face for congressional republicans who said our government is addicted to spending . we turn to our new polling and show you most americans believe we have a spending problem. a whopping 83 percent said that government spending is out of control. compared to 62 percent in 2009 . majority of you scene percent favor raising the debt ceiling but the increase must be tied to major spending cuts. only 23 percent think it should be raised with no strings attached. that is what the republicans are considering. stay withs numbers just a moment now. we want to show you president obama will begin the second term with much less support than he had four years ago. the president's approval r
dive on policy, whether it be gun control, immigration reform, the debt ceiling debate. tomorrow's broad scene. his senior advisor will talk about bringing the country together. republicans are saying the early signals they've seen from the president at the start of the second term suggest pretty much more of the same. take a listen. >> he's going to talk about our political system doesn't require us to resolve all our disputes our political differences but it does require us to seek common ground. he will make that point very strongly, that people here in washington need to seek common ground. >> i was surprised this week to see him transition his campaign committee into an ongoing campaign style effort to have an impact on the washington debate because it doesn't seem to me that the lessons of the first term would be that that worked out very well. >> now, interesting. the vice-president, joe biden, was sworn in several hours before the president over at his official residence. we're told that's because he was sworn in by justice sonia sotomayor. she needed to get to a book sig
in congress to secure a innovative deal and help to close the 2011 deal lifted the debt ceiling. and most recently the vice president has been leading the way in the president's push for workable gun safety policies. on thursday, biden spoke for almost an hour at the meeting of the u.s. conference of marz and acknowledged that the white house is likely okay come under criticism for many of its gun proposals. >> we'll take this fight to the hauls of congress and take it beyond that. we're going to take it to the american people. we're going to go around the country and make our case and we're going to let their voices, the voice of the american people be heard and we'll be criticized because people say if we spend that much energy we're not spending enough energy on umm grags. we're not spending enough 234r7b8g on the miss energy on the miss kwal problem -- on the fiscal problem. presidents don't get to choose what they do. they deal with what is before them and what they'd like to long term. >> governor, i'm curious to get your thoughts on the package of reforms. it was interesting that t
Search Results 0 to 34 of about 35 (some duplicates have been removed)